Title
Subject: (Direct Referral) Review of Development Agreement for the Porters residential and commercial redevelopment project at 301 Sixth Street and 608 Wisconsin Avenue. (Res. No. 13-0367)
Recommendation of the Redevelopment Authority on 8-26-13: that the Mayor and City Clerk be authorized to execute a development agreement with the developer of the Porters of Racine redevelopment, subject to the terms of the revised term sheet approved by the Authority.
Fiscal Note: The amount, type and source of the city's financial assistance for the redevelopment are unchanged.